Tech — Software
Five9 Executive Compensation (FY25)
FIVN · San Ramon, CA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 20, 2026
259 figures on this page: 251 cited to the filing that reported them, 8 calculated from figures it prints. See the citations
Michael Burkland, Chief Executive Officer, received $17,403,709 in total compensation for fiscal 2025, and Burkland's total moved 45.1% higher from the $11,997,464 reported for fiscal 2024. For fiscal 2025, the company reported a chief executive pay ratio of 114:1, against median employee compensation of $153,052. Shareholders supported the say-on-pay proposal with 91.0% of votes cast for or against in favor at the meeting held May 20, 2026 for fiscal 2025. Companies named in the disclosed peer group include AppFolio, Asana, Bill Holdings, Blackbaud and BlackLine, among others.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Michael Burkland: $11,997,464 → $17,403,709 (45.1% higher)
Say-on-pay support: 83.1% → 91.0% (7.9 points higher)
CEO pay ratio: 81:1 → 114:1 (40.7% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Five9's chief executive and what were they paid?
Michael Burkland, Chief Executive Officer, received $17,403,709 in total compensation for fiscal 2025. Burkland's total moved 45.1% higher from the $11,997,464 reported for fiscal 2024.
What was Five9's say-on-pay result?
Shareholders supported the say-on-pay proposal with 91.0% of votes cast for or against in favor at the meeting held May 20, 2026 for fiscal 2025.
Which companies are in Five9's peer group?
Companies named in the disclosed peer group include AppFolio, Asana, Bill Holdings, Blackbaud and BlackLine, among others.
What is Five9's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 114:1, against median employee compensation of $153,052.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Michael Burkland Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Daniel Burkland President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Rowan Trollope Former Chief Executive Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Barry Zwarenstein Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Scott Welch Chief Revenue Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Andy Dignan Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Daniel Burkland President and Chief Revenue Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Panos Kozanian Executive Vice President, Product Engineering | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Barry Zwarenstein Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Michael Burkland Chief Executive Officer | ◇ | — | — | — | ◇ | — | — | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Michael Burkland Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Daniel Burkland Former President and Chief Revenue Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Panos Kozanian Executive Vice President, Product Engineering | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Andy Dignan President and former Chief Operating Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Barry Zwarenstein Former Chief Financial Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Michael Burkland Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Andy Dignan President and former Chief Operating Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Bryan Lee Chief Financial Officer and Treasurer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Tiffany Meriweather Chief Administrative and Legal Officer and Corporate Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Panos Kozanian Executive Vice President, Product Engineering | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Barry Zwarenstein Former Chief Financial Officer Departed during or after this year | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2026
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Barry Zwarenstein | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Barry Zwarenstein | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Daniel Burkland | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Daniel Burkland | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
Fiscal 2023, 2024, 2025 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Panos Kozanian | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 02/28/32 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Andy Dignan | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 02/28/32 | |
| RSU | ◇ | ◇ | — | — | |
| Bryan Lee | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Michael Burkland | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Tiffany Meriweather | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Maria Walker | ◇ | ◇ | — | — | — | — | ◇ |
Sudhakar Ramakrishna | ◇ | ◇ | — | — | — | — | ◇ |
Sagar Gupta | ◇ | ◇ | — | — | — | — | ◇ |
David Welsh Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Jack Acosta | ◇ | ◇ | — | — | — | — | ◇ |
Robert Zollars | ◇ | ◇ | — | — | — | — | ◇ |
Susan Barsamian | ◇ | ◇ | — | — | — | — | ◇ |
Michael Burdiek | ◇ | ◇ | — | — | — | — | ◇ |
Julie Iskow | ◇ | ◇ | — | — | — | — | ◇ |
Jonathan Mariner | ◇ | — | — | — | — | — | ◇ |
Michael Burkland, David DeWalt and Amit Mathradas served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Equity is delivered as restricted stock units.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- AppFolio APPF
- Asana ASAN
- Bill Holdings BILL
- Blackbaud BLKB
- BlackLine BL
- Box BOX
- Coursera COUR
- Dynatrace DT
- Elastic N.V. ESTC
- EverCommerce EVCM
- Freshworks FRSH
- Guidewire Software GWRE
- LiveRamp Holdings RAMP
- nCino NCNO
- Paylocity PCTY
- Q2 Holdings QTWO
- Qualys QLYS
- Rapid7 RPD
- RingCentral RNG
- Smartsheet SMAR
- Sprinklr CXM
- Teradata TDC
- Upwork UPWK
- Zeta Global Holdings ZETA
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 20, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 21, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 14, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 16, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 18, 2022 | = | ◇ | ◇ | ◇ |
| 2019 | May 18, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 28, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 18, 2018 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Five9 disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Five9 sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
259 figures on this page: 251 cited to the filing that reported them, 8 calculated from figures it prints.
251 cited to the filing
8 calculated from the filing
Documents cited
- 0001288847-26-000085Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001288847-26-0000552025 Director Compensation Table · 2025 Summary Compensation Table · CEO Pay Ratio · Director Compensation · and 2 more sections
- 0001288847-25-000127Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001288847-25-0000962024 Summary Compensation Table
- 0001288847-24-000066Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001288847-24-0000422023 Summary Compensation Table
- 0001288847-23-000090Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001288847-23-000062Summary Compensation Table
- 0001288847-22-000055Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001288847-20-000074Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001288847-19-000075Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001288847-18-000094Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Five9 executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/FIVN (accessed 2026).
Short form: data: Velarion
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Tech — Software rankings
Peers Five9 discloses
The companies named in FIVN's own disclosed peer group.
Terms on this page
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}